Recent content by rasl

why are you trading 6 contracts with 17k account,trade 1 contract till you become profitable every week then trade 2 contracts.

Austonp: thanks you said i need professional counseling ,yes i do need it but from where there are so many snake oil sellers out there, i dont want to make back my losses it cant be done, i just want to trade like a good trader , if 6 months from now my trading account is $4505. thats ok...

NihabaAshi: no i have never asked for help before,or posted in other form,it was very hard for me to explain today how i manage to lost that much ,last nite i coudent sleep thinking if i should post it,took me 3 hours to write

Kiwi-Trader: thanks i will study your advice

brazilianwonder: i have tried that

sorry for the spelling mistakes in my last post

how my trading account gone down to $4500. from $3 million it is very hard to write this but i said before i will explain how i did it so here it is, it was nere the end of yere 1998 i had a electoroics businness for 20 years and was doing well,i recived a copy of monthley stock tip...

recap friday 16 feb only 1 trade today 10.47 am long es @1456.75 (entry signle was from my trading strategy ) target 1457.75 (days high so far 1458 ema34 above @1457.75 as resistence) trade went +3 ticks then it came back to my entry price,i dident want to let 2-3 tick profit to turn into...

Austonp: i dont know what to say. i did 1 trade this morning then after i read Lescor and your post i dident take next trade

Lescor: i cant lose $4500,ib wont let me trade if my account go below$2000. and my tradestation account is $1464.so they will not let me trade if i lose any more, so i can lose $1500 max,after all the losses and having no life out side of trading in last 6 years i want to at least try to turn...

Walterjennings: i will post at weekend how i did it as i am slow at typing

here is the recap of my trades on thursday 15 feb 1st trade :short ym at 9.40 @12766 target 12756 ,stop 12775,trade weng againt me and to 12773 so i put ordr to exit12770 and get out for -4 ,normley i would have gone to hope mode and let the stop hit so good save. next 2 signles i dident take...

loan finder: $3 million tuition fee:D when i retired in 2000 trading was a hobby for me i put every thing in shares for long term,but market kept falling and falling for years till i get out and go short.

1 : yes i have discipline problem 2 : strategys i am trading now or have traded in past are profatble if i follow all the rules and take all the traded 3 :every nite when i look back at my charts and my entry and exits i know what i did wrong 4 :when trade is not working and going towards...

thank you all for response to my call for help,i agree with every thing posted so far. i started this thread as a last desprate attemp to save my trading career another thing i decided to do is to put a candel on my trading desk and light it when i start trading,so if i try or do a stupid...